Question 36 A company is considering purchasing factory equipment that costs $288000 and is estimated to have no salvage value at the end of its 8-ye depreciation expense are expected to be $24000. The straight-line method of depreciation would be used. The cash payback period on the equipment is O 4.8 years. O 3.0 years O 8.0 years. 1.5 years CALCULATOR FULL SCREEN PINTERE VERSION BACK NEXT e no salvage value at the end of its 5-year useful. If the equipment is purchased, revenues are expected to be $120000 and annual operating expenses exclusive of used